How much rand revenue per ounce was harmony generating on, Project Management

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How much rand revenue per ounce was harmony generating on

1. How much rand revenue per ounce was Harmony generating on September 11, 2001? Three years later?

2. The average exchange rate during 2001:Q2 was R8.04/$; in 2004:Q2, it was R6.60/$. Compare Harmony's earnings per ounce in rand terms during 2001:Q2 with the same figure in 2004:Q2.

3. Given the exchange rates in question 2, by how much would Harmony have to reduce its rand costs per ounce in 2004:Q2 in order to make the same rand profit per ounce it was earning in 2001:Q2?

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